Comparing 2009 with 2008 for Lorillard Inc.

AP News - 211 days ago
Comparing 2009 results with 2008 for Lorillard Inc., maker of Newport cigarettes

Here's how 2009 stacked up for Lorillard Inc., the maker of Newport cigarettes:

TOTAL REVENUE: Up 25 percent to $5.23 billion.

REVENUE EXCLUDING TAXES IT COLLECTS: Up 5.6 percent to $3.69 billion.

NET INCOME: Up 7 percent to $948 million.

CIGARETTE VOLUME: Down 3.9 percent to 36.28 billion cigarettes.

SHARE OF U.S. MENTHOL MARKET: Up .5 percent percentage points to 35.05 percent.

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Note: New U.S. taxes on tobacco took effect April 1, 2009, including an increase of 62 cents per pack on cigarettes.

Source: Lorillard Inc.

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